Senior Actuarial Analyst, Pricing

1 month ago

Hong Kong, Hong Kong SAR China HSBC Full time
Job description

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC Life is a world-class institution where you can specialize in Insurance but enjoy the advantages that come with being part of a leading global international bank. Insurance is about people, and the promises they make. At HSBC Life we help deliver on these promises by providing a wide variety of life insurance products and services to our clients throughout the Asia-Pacific Region.

Our Employees enjoy a dynamic and innovative workplace and a world of opportunities to develop their careers in a high-profile growing business segment. We empower our team of high-performing individuals to build skills and explore new experiences to realise the full potential of being part of HSBC.

Together we pursue efficient ways of working. We harness the latest data and technology solutions to achieve meaningful outcomes for our clients. The protection we offer creates broad and lasting impact, helping clients to be healthier, more productive and more confident in their futures.

We are currently seeking a high calibre professional to join our team as a Senior Actuarial Analyst, Pricing.

Principal Responsibilities
  • Actuarial pricing under IFRS, RBC and MC basis, including feasibility study on product development, modelling and assumption setting with justifications and recommendation, reinsurance negotiation, preparing/reviewing pricing documents with limitation logs and expert judgment logs and approval papers
  • Providing technical advices and having the capabilities to explain, discuss and/or clarify with all stakeholders independently
  • Annual profitability review, in depth product review/analysis, and monitoring of PAR and universal life business, including but not limited to policyholders’ non-guaranteed benefits (eg. annual dividend, terminal bonus, dividend accumulation rate, crediting rate and etc.), profitability information in Product Committee pack, and review of profitability metrics (eg. VNB, MCVNB, NB CSM) yield buffer situation & forecast and etc
  • Advise stakeholders on all aspects of product pricing, profitability and actuarial risk
  • Review pricing models with proper and appropriate controls in accordance with Group standards
  • Proactively involve and participate in new product development’s workgroup and proactively provide comments and feedback whenever and wherever it is necessary
  • Provide advises to Senior Manager/ Head of Individual Life Pricing / Chief Actuary on overseeing and monitoring financial results
  • Review and monitor profitability information (eg. VNB, MCVNB, capital demand, CSM and etc) as well as review policyholder’s non-guaranteed benefits (eg. DoD rate, dividend, terminal bonus, crediting rate and etc)
  • Conduct annual profitability review, in depth product review/analysis and etc
Requirements
  • University graduate in Actuarial Studies or related discipline
  • Preferably be a close to qualified or qualified actuary from a recognized actuarial body such as FSA, FIA, FAA
  • Ability to work independently and meet tight deadlines without compromising quality
  • Excellent communication skill
  • Possess strong problem solving skills for wide range of problems
  • Good command of spoken and written English
  • Proficiency in Microsoft Office, and knowledge of Prophet is preferable
You’ll achieve more when you join HSBC.
http://www.hsbc.com/careers

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by The Hongkong and Shanghai Banking Corporation Limited.

  • Dynamic Actuarial Pricing Specialist

    1 month ago

    Hong Kong, Central and Western District, Hong Kong SAR China HSBC Full time

    Job Description:HSBC is seeking a highly skilled Senior Actuarial Analyst, Pricing to join their team. This role will involve actuarial pricing under various bases, including IFRS, RBC, and MC. The ideal candidate will have strong technical expertise and excellent communication skills.Key Responsibilities:Develop and implement actuarial pricing models,...

  • Actuarial Analyst

    3 weeks ago

    Hong Kong, Central and Western District, Hong Kong SAR China Reinsurance Group of America Full time

    Pricing Actuary Role OverviewThe Pricing Actuary will be responsible for the development of pricing models to meet clients' objectives and Reinsurance Group of America's minimum requirements.Key ResponsibilitiesDevelop and maintain pricing models to ensure accurate quotes for clients.Collaborate with internal counterparts to develop sustainable reinsurance...

  • Actuarial Analyst, Asia-Pacific Actuarial Group

    2 months ago

    Hong Kong, Central and Western District, Hong Kong SAR China Allied World Assurance Company Holdings Full time

    Actuarial Analyst RoleWe are seeking a talented Actuarial Analyst to join our dynamic Asia-Pacific pricing team. The successful candidate will play a key role in supporting our function by turning business needs into actionable solutions.Key Responsibilities:Developing new rating models and maintaining a collaborative dialogue with underwriters to refine...

  • Actuarial Analyst

    6 months ago

    Hong Kong, Hong Kong SAR China Reinsurance Group of America Full time

    Position Overview Pricing Actuaries are responsible for the pricing of individual business through modelling, risk analysis, other new business development activities as well as in-force management of HK / HNW portfolios. Responsibilities Assist in developing required pricing models to complete quotes that meet clients' objectives and RGA's...

  • Actuarial, Senior Analyst

    2 weeks ago

    Hong Kong, Hong Kong SAR China AIA International Limited. Full time

    At AIA we've started an exciting movement to create a healthier, more sustainable future for everyone. It's about finding new ways to not only better people's lives, but to better the communities and environments we live in. We need great Actuaries who want to be part of something bigger than finance alone. Because the better we can nurture our financial...

  • Senior Pricing Strategy Analyst

    3 weeks ago

    Hong Kong, Central and Western District, Hong Kong SAR China China Mobile International Limited Full time

    About the RoleWe are seeking a Senior Pricing Strategy Analyst to join our team at China Mobile International Limited.This is an exciting opportunity for someone who wants to develop their skills in pricing strategy and market analysis.Job DescriptionThe successful candidate will be responsible for developing product pricing strategies, conducting market...

  • Senior Actuarial Associate, Pricing

    7 months ago

    Hong Kong, Hong Kong SAR China Prudential plc Full time

    Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support...

  • Actuarial Expert for Product Pricing and Management

    2 weeks ago

    Hong Kong, Central and Western District, Hong Kong SAR China AIA International Limited. Full time

    About the RoleWe are seeking a highly skilled Actuarial Expert to join our team in product pricing and management. In this role, you will be responsible for supporting the Senior Manager in developing and maintaining product pricing strategies, as well as providing actuarial support on product and business issues.Key Responsibilities:Prepare new...

  • Chief Actuarial Pricing Strategist

    1 month ago

    Hong Kong, Central and Western District, Hong Kong SAR China Worldwide Consulting Group Full time

    Company Overview: As a leading international life insurance company, our client seeks an experienced professional to lead the pricing function across multiple channels. The successful candidate will be responsible for developing and implementing pricing strategies that align with business objectives.Salary: $250,000 - $300,000 per annum, depending on...

  • Regional Pricing Actuary

    6 months ago

    Hong Kong, Hong Kong SAR China Reinsurance Group of America Full time

    Position Overview This role forms part of the core actuarial team in the Asian region and is responsible for helping to set the actuarial strategy for the region. The person in the role will work closely with the Regional Head of Pricing on predominantly traditional pricing related activities, including Mortality, Morbidity and other reinsurance...

  • Actuarial Pricing Specialist

    4 weeks ago

    Hong Kong, Central and Western District, Hong Kong SAR China Reinsurance Group of America Full time

    Job DescriptionIn this role as Actuarial Pricing Specialist at Reinsurance Group of America, you will be responsible for developing and maintaining pricing models for individual business. This involves analyzing data, creating reports, and providing recommendations to stakeholders. As a key member of our team, you will work closely with internal counterparts...

  • Pricing Actuary Lead

    1 month ago

    Hong Kong, Central and Western District, Hong Kong SAR China Prudential plc Full time

    Actuarial Manager Position at Prudential plcPrudential's purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an...

  • Senior Actuarial Manager, Pricing

    7 months ago

    Hong Kong, Hong Kong SAR China Prudential plc Full time

    Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support...

  • Head of Pricing, Actuarial

    3 months ago

    hong kong, Hong Kong SAR China Worldwide Consulting Group Full time

    Our client is A Leading International Life Insurance Company Responsibilities: Leading the pricing function for multiple channels including agency, brokerage, telemarketing and digital; product types include both Class A and Class C long term insurance products Coordination among different departments such as actuarial, underwriting, marketing and IT for...

  • Actuarial Manager, General Insurance Pricing Specialist

    1 month ago

    Hong Kong, Central and Western District, Hong Kong SAR China AXA Group Full time

    Role OverviewAs an Actuarial Manager, General Insurance Pricing Specialist at AXA Group, you will play a key role in leading the team responsible for product rating analyses, pricing reviews, and financial projections. Your primary focus will be on summarizing methods used and observations made in reports describing observed trends in claims experience and...

  • Lead Actuary for Pricing Strategy

    2 weeks ago

    Hong Kong, Central and Western District, Hong Kong SAR China Worldwide Consulting Group Full time

    Company Overview:Worldwide Consulting Group is seeking an experienced actuary to lead our pricing strategy function.About the Role:We are looking for a seasoned professional with at least 12 years of experience in actuarial science and pricing to join our team as Lead Actuary. This individual will be responsible for leading the development of our pricing...

  • Actuarial Risk Manager, Asia-Pacific Actuarial Team

    1 month ago

    Hong Kong, Central and Western District, Hong Kong SAR China Allied World Assurance Company Holdings Full time

    We are seeking an experienced Actuarial Analyst to join our dynamic Asia-Pacific pricing team in Hong Kong.The ideal candidate will have a strong background in actuarial science and experience working with data analytics software such as Excel, SAS, R, and Python.As an Actuarial Analyst, you will play a key role in developing new rating models and...

  • Actuarial, Consultant

    2 weeks ago

    Hong Kong, Hong Kong SAR China AIA International Limited. Full time

    At AIA we've started an exciting movement to create a healthier, more sustainable future for everyone. It's about finding new ways to not only better people's lives, but to better the communities and environments we live in. We need great Actuaries who want to be part of something bigger than finance alone. Because the better we can nurture our financial...

  • Assistant Actuarial Manager, Pricing

    7 months ago

    Hong Kong, Hong Kong SAR China Prudential plc Full time

    Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support...

  • Lead Actuary for Regional Pricing Strategy

    1 month ago

    Hong Kong, Central and Western District, Hong Kong SAR China Reinsurance Group of America Full time

    **Regional Pricing Actuary Opportunity at Reinsurance Group of America**We are seeking an experienced actuary to join our team in the Asian region as a Regional Pricing Actuary.The successful candidate will form part of the core actuarial team and be responsible for helping to set the actuarial strategy for the region. They will work closely with the...